The Fair Share Report
369 Veronica Ct
Paramus, NJ 07652
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $810,025 – $926,168, from 12 comparable Paramus sales in the past 18 months, at this home's 1,540 sq ft.
Step 2 · The Director's Ratio
The state's official measure of how far Paramus assessments sit below market value — republished every October, applied town-wide. A $849,934 home should be assessed near $792,988.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $179,212 above what the ratio math suggests (22.6%).
Step 4 · The tax rate — same for every Paramus home
$0.709 Schools · 47% $0.241 County · 16% $0.549 Town · 37%
This home's own bill implies $1.419 per $100 — below the general rate, usually a deduction on the bill (senior, veteran, disabled).
Step 5 · The bill
This home vs. every recent Paramus sale · assessed ÷ market
65%125%
Looks meaningfully over-assessed
Even at the generous end of the range, this home's ratio clears the Chapter 123 appeal line (100.00%) — roughly $2,686/yr at stake. NJ appeals are generally due April 1.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 378 S TERHUNE AVE | 2026-04 | $940,000 | 1,563 | 81.7% |
| 624 WEST DR | 2026-03 | $910,000 | 1,498 | 78.8% |
| E 214 WILSEY COURT | 2025-06 | $951,000 | 1,524 | 84.3% |
| 786 WYNETTA PLACE | 2025-04 | $779,000 | 1,554 | 51.6% |
| 88 GLEN AVENUE | 2025-01 | $780,500 | 1,448 | 82.7% |
| 739 BOYD RD | 2025-03 | $840,000 | 1,522 | 248.2% |
| 122 ARNOT PLACE | 2026-05 | $866,000 | 1,561 | 79.7% |
| 715 BUSH PLACE | 2026-03 | $775,000 | 1,512 | 91.9% |
| 76 CRAIN ROAD | 2025-05 | $920,000 | 1,512 | 80.0% |
| 817 ALDEN ROAD | 2025-05 | $855,000 | 1,560 | 83.8% |
| 761 CATHY ANN COURT | 2025-02 | $850,000 | 1,616 | 96.0% |
| 598 FALMOUTH AVE | 2025-02 | $750,000 | 1,528 | 112.1% |
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